Can a house with a stamped concrete floor instead of carpeting, tile, or wood quality for the program?
Yes. New homes must comply with local and state code. Existing homes must only comply with the requirements of HUD Handbooks 4150.2 and 4905.1. See the Handbooks and FHA Mortgagee Letter 2005-ML-48. Generally conditions that would warrant additional repairs include those that pose a threat to the safety of the occupants jeopardize the soundness and structural integrity of the property; or adversely affect the likelihood of a low- to moderate income borrower from becoming a successful homeowner.
